Posts Tagged 'student'

We are pleased to present below all posts tagged with 'student'. If you still can't find what you are looking for, try using the search box.

What is the number one financial regret of older Americans?

“Most Americans are filled with regrets — financial regrets. Fully three in four, in fact, admit they harbor financial regrets, according to a survey of more than 1,000 adults by Bankrate.com. Their biggest regret: not saving for retirement early enough (nearly one in five Americans put this in the No. 1 spot). What’s more, among those age 65 and up, 27% said this was the biggest regret, compared with 17% of those aged 30 to 49." Those in the younger generation are probably just not old enough to realize they probably have also started saving too late!  Now, here is the tragedy of this regret. God’s Word teaches us to save. It should be a regular part of our life to regularly save money. And it’s never too late to start. You can also make progress on saving money by taking on an extra job or starting a small business or service to increase your income. God will be faithful to provide your needs; our part is to be faithful to obey His commands and princi ...

Popular tags: , , , , , , ,

Most college students focus on the present without any serious thought to what lies ahead 10-20 years from now. But, they should be saving for the future.

Students should save so that they are in the habit later in the workplace. Giving to the Lord first, then paying themselves should become a way of life even before graduating high school. Learning to delay gratification for a future need is crucial. In an August article at CheatSheet.com, Eric McWhinnie stated that spending less than you earn and investing the difference is the key to financial independence. I agree! Yet, most people fail to realize the benefit of starting early. In fact, only 27% of respondents in a survey at MoneyRates.com started saving in their 20s. The benefits are undeniable when observing the effects of compounding interest over several decades. A person who starts investing at age 25 and invests for only 10 years but allows it to grow will have substantially more at age 65 than a person who invests the same amount starting at age 35. Starting early makes a tremendous difference. * Retirement savings are growing more and more necessary because people are living ...

Popular tags: , , , , , , ,

Are Your Children’s Activities Wrecking Your Finances?

Originally posted on the Christian Post on November 11th. To learn Biblical answers to your financial questions, you can #AskChuck @AskCrown your questions by clicking here. Questions used may be lightly edited for length or clarity. Dear Chuck, My wife and I are struggling with the costs of our children’s extracurricular activities, which seem to be getting more expensive all the time. One of our sons wants to be on a travel team for sports, which is not only expensive, but includes the costs of hotels, food, and all kinds of incidentals to participate. And there are music lessons for two others, school fees for any activity (from speech club to Latin) along with the incredible pressure to do all these things to help our children compete with their peers, who are also taking classes, going to sports camps and paying for lessons of all kinds. I am concerned not only with the costs but also the pressure to keep up with the Joneses when it comes to kids and activities. But of course we want o ...

Popular tags: , , , , , ,

Is your student loan stressing you out?

New college graduates are leaving school with an average of $37,000 in student loan debt and the impact can cause significant stress. Research from the 2016 Employee Financial Wellness Survey by Price Waterhouse Coopers indicates some significant impact to overall financial well being for workers who have student loan debtvs. those who don’t. Almost twice as many employees with student loan debt say they are stressed about their finances (81% to 46%), they use credit cards to pay for monthly necessities because they are unable to afford them otherwise (41% to 22%), and they find it difficult to meet their household expenses on time each month (65% to 35%). The same ratio of 2 to 1 say finances have been a distraction at work for those with student loan debt (50% to 23%). These are all great reasons to make a plan to pay off your student loan debt. To do so, set a goal. That means to determine how much extra you pay towards getting out of debt and over what period of time you will do this to ...

Popular tags: , , , , , , , , ,

    There are no comments.